Browsing: BoU

ONSPOTLIGHT! BoU’s Head of Legal Kaggwa Under Fire As Sudhir’s Lawyers File Application In High Court Over Constant & Deliberate Refusal To Be Served

Following the Central Bank head of legal Margaret Kaggwa Kasule’s constant and deliberate refusal to sign and to be served, court documents in connection with illegal liquidation of the assets of Crane Bank while in receivership by Bank of Uganda, lawyers representing city businessman Sudhir Ruparelia have filed an application in the High Court against…

‘No One Is Above The Law’- City Lawyer Ssemakadde Commends Tycoon Sudhir For Flooring, Exposing Rot At BoU

Award winning human rights lawyer Isaac Ssemakadde of -Center for -Legal Brains Trust has congratulated City tycoon, philanthropist Dr. Sudhir Ruparelia upon a landslide win. After years of endless battle in various courts of law in Uganda, the Bank of Uganda this week gave up against Sudhir and Meera Investments whom they had sued for allegedly…

MP Abdul Katuntu Welcomes Constitutional Court’s Stripping Of Legal Immunity From Bank of Uganda Officials

Bugweri County Member of Parliament Abdu Katuntu has welcomed the ruling by Constitutional Court stripping of legal immunity from Bank of Uganda saying it was long overdue. Mr. Katuntu is a seasoned legislator who chaired the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) of parliament that investigated Bank of Uganda on the issue…

Panic! Two Concerned Citizens Demand For IGG Report On Ex BoU Officials Kasekende, Bagyenda

Two concerned citizens have petitioned the Inspector General of Government demanding for a report into the investigation and prosecution of former Bank of Uganda Deputy Governor Louis Kasekende and former director of commercial banks supervision Justine Bagyenda. The report that is being demanded for also looked into the conduct of Benedict Kasekende, the BoU Director…

Just In: DPP Rejects Plea To Remove Kasekende, Bagyenda From Sekabira Charge Sheet

The Director of Public Prosecutions (DPP) Justice Jane Abodo has rejected requests from top city lawyers to remove former Bank of Uganda Deputy Governor Louis Kasekende and the former Director for Commercial Banks Supervision Justine Bagyenda from a charge sheet. The charge sheet already has Benedict Sekabira, BoU’s Director for Financial Markets Development Coordination (FMDC).T…

Police Chief Fired Over Investigating Ex BoU Deputy Governor Louis Kasekende

A senior police officer attached to Criminal Investigations Directorate in Kibuli has been suspended after investigating former deputy governor Bank of Uganda Louis Austin Kasekende. Sources at the Kibuli-based CID say that SP Andrew Mugarula was shown exit after his seniors had a meeting with Kasekende. Mugarura suspects that Kasekende could have bribed his seniors,…

Good Riddance! Prof. Balunywa Is Poised As Kasekende’s Replacement To Clean Up Dented BOU Image

Whoever meets Dr. Kasekende on streets looking for jobs should not wonder how? Things aren’t going on well and man is having sleepless nights. News coming to our desks from reliable sources profoundly tell that Prof.  Juma Waswa Balunywa born 3 December 1955, a scholar in management, leadership, entrepreneurship and also an academic administrator, who…